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🔥 FREE GUIDE: Avoid the 7 Critical Home Investment Mistakes destroying buyers right now: http://australiahousing.carrd.co Melbourne's property listings have reached 34,719 — the highest total of any Australian capital city, according to SQM Research data from January 2026. In December 2025 alone, 11,136 new properties were listed, running 35% above the five-year seasonal average for that month. This video examines the data behind that number: what's driving it, who is selling, and what the cost structure on a typical Southbank investment apartment actually looks like right now. The core mechanism is Victoria's Land Tax threshold change, which moved from $300,000 to $50,000, bringing approximately 380,000 property owners into scope for the first time. Combined with mortgage renewal pressure as fixed rates roll from around 3.1% to variable rates near 6.2%, and rising strata levies in inner-city high-rise buildings, the monthly cashflow on a standard Southbank two-bedroom has shifted materially. The PIPA investor survey confirms 25% of Victorian landlords sold in the past 12 months — the highest rate of any Australian state — with 47% citing Land Tax as the primary factor. This video is not a prediction of a market crash. Melbourne's broader market remains stable, distressed listings nationally are down 31% year-on-year, and infrastructure investment in the city remains strong. The story here is specific: a particular asset class, a particular investor profile, and a cost structure that has changed enough to produce the listing volumes the SQM Research data shows. All sources used in this video are listed below. If you're working through what any of this means for your own situation, the free guide linked in the first comment covers the most common cost factors people miss when evaluating property in the current environment. If you're based in Melbourne or Victoria and you're seeing something on the ground that matches — or doesn't match — what the data shows, leave a comment. Local observations are genuinely useful context for anyone watching from outside the market. SOURCES & REFERENCES SQM Research — Total Property Listings January 2026 https://sqmresearch.com.au/uploads/03... REIV — Southbank Market Insights (suburb-level sales and median data) https://reiv.com.au/market-insights/s... REIV — Cameron Kusher Market Update January 2026 https://reiv.com.au/our-industry/news... OpenAgent — Southbank Suburb Profile February 2026 https://www.openagent.com.au/suburb-p... PIPA — Property Investment Professionals of Australia Investor Sentiment Survey 2025 (via realestate.com.au coverage) SRO Victoria — Land Tax Current Rates 2026 https://www.sro.vic.gov.au/about-us/r... Woodards — Melbourne Market Awakening Report 2026 Wakelin Property Advisory — Melbourne Property Report 2026 KPMG Australia — House Prices to Rise in 2026 https://kpmg.com/au/en/media/media-re... Realestate.com.au — Victoria Unit Market Outlook 2026 RBA — Cash Rate Target Historical Data https://www.rba.gov.au/statistics/cas... NAB — Melbourne Property Market Insights January 2026 https://www.nab.com.au/content/dam/na... Property.com.au — Southbank 3006 Active Listings https://www.property.com.au/vic/south... Propertybuyer — Melbourne Property Market Predictions 2026 https://www.propertybuyer.com.au/blog... ⚠️ Disclaimer: This video is for educational purposes only and does not constitute financial advice. Always consult qualified professionals before making investment decisions. #realestate #nsw #australia #victoria #melbourne For any questions or content inquiries, you can write to me at: australiahousingreport@gmail.com Disclaimer: We’re real estate enthusiasts—not licensed agents, appraisers, or financial advisors. All content is based on publicly available data, market observations, and personal opinions, and is shared for entertainment and general information only. Accuracy isn’t guaranteed. Always consult a qualified real estate professional, attorney, or financial advisor before making any property, investment, or relocation decisions.This video provides fact-based analysis without political bias—just economics, data, and real-world impact on families, developers, and the construction industry.